Scienza e Tecnologia
Bio-emulsion Polymers Market to Reach US$ 2 Bn by 2030: TMR Study
Bio-emulsion polymers are emerging as suitable alternative for hazardous monomers such as styrene, isocyanates, and acrylates.
Leading bio-emulsion polymers market players are engaging in growth strategy such as new product launches which are assisting the players in gaining a competitive edge over others and in creating revenue-generating opportunities.
Prominent market player Wacker Chemie AG, in February 2019 , announced the launch of a polymer binder that was developed using vinyl acetate-ethylene copolymer products. The product has witnessed increased demand in construction industry since they decrease the possibility of formation of cracks.
Also, leading players in global bio-emulsion polymers market are experimenting to improve functional characteristics and meet customer demands.
Furthermore, leading bio-emulsion polymers are increasing their production capacities in a bid to produce functional coating products which do not pose the issues of traditional coatings and are suitable for use in different end-use industries globally.
Acrylic bio-emulsion polymers are witnessing increased demand in various end-use industries. Increased resistance to sunlight as well as ability to resist different climatic conditions have made acrylic bio-emulsion polymers suitable choice in adhesives and paints and coatings application areas. Also, acrylic bio-emulsion polymers are more cost-effective as compared to other bio-emulsion polymers. Rising demand for acrylic bio-emulsion polymers is augmenting the growth in global bio-emulsion polymers market
Globally, Europe is witnessing substantial growth in global bio-emulsion polymers market. Factors such as increasing number of manufacturers looking to develop bio-emulsion polymers for paints and coatings application area as well as increasing awareness about environmental issues in countries such as Italy and Germany are assisting market growth in the region
The global bio-emulsion polymers market has fewer established players at present and as a result, competition landscape is consolidated.
It is anticipated that entry of new players, during the forecast period, could help intensify the competition in overall bio-emulsion polymers market.
Well-established bio-emulsion polymers market players are adopting growth strategy such as signing collaborative agreements with smaller market players which is assisting the leading players in expanding their presence in overall market and increasing their revenue.
Some of the prominent players in global bio-emulsion polymers market include DSM, BASF, Dow Chemical Company, HallStar, Clariant, Arkema S.A., and Aquapak Polymers Ltd.
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Transparency Market Research, a global market research company registered at Wilmington, Delaware , United States , provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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Rohit Bhisey
Transparency Market Research Inc.
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